A blog by Luke Akehurst about politics, elections, and the Labour Party - With subtitles for the Hard of Left.
Just for the record: all the views expressed here are entirely personal and do not necessarily represent the positions of any organisations I am a member of.

Wednesday, November 25, 2009

Tory Cash

The Mirror has been running a great investigation into how much the Tory front bench will personally benefit from their policy of raising the inheritance tax threshold for the very rich to £2 million.

The Mirror reports that "Eighteen out of 32 super-rich members of the shadow cabinet will be better off by at least £120,000. And the estates of Mr Cameron, shadow foreign secretary William Hague and shadow chancellor George Osborne will all benefit by more than £500,000 each.In total Mr Cameron's closest Tory chums will make more than £7million from his plans."

This is in the context of the Tories proposing massive cuts to public services.

14 Comments:

1 They gain nothing, it was always their money.2 Are you suggesting this measure was motivated by personal gain,seriously ? 3 Is this not actually an attempt to start class war the eternal last chance card of dying Labour government?

I am reminded of comments made by Alf Garnett in 'Till Death Us Do Part' in which he declared the Tories virtually incorruptible on the grounds that they are mega-rich. The expression 'class war' is straight out of the Sean Hannity Lexicon of Retarded Political Thinking. You'll have to do better than this, guys!

I wonder though why the prospect of this policy derailed Labour's plans for a November 07 General Election. Maybe Mr Blair spoke in favour of the policy. Or Mr Woodward. Or Mr Mandelson. Or maybe it was Bernie Ecclestone again. Or Alan Sugar. Or the Kinnocks.

At the last count, she has a property portfolio with a value of about £3m to £4m.

Do you think for one fucking moment that this individual, with a pensions legal expert as her hubbie - Patrick Nugee, QC, no less - is not going to end up paying absolutely fuck all in inheritance tax.

The deranged spluttering of your right wing loony brigade is in full desperate force here.

All we know about Cameron is that his folks can raise a couple of million just by selling a painting - so clearly he wants the whole piece of that estate for himself.

Apart from making himself mega rich while he makes the rest of homeless and jobless (just like when he was Lamont's chou chou) his only other definite policy is to let his pervy pals satisfy their bloodlust in the woods

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About Me

Labour Party activist since 1988 - firmly on the moderate wing of the party. Member of Labour’s NEC 2010-2012. National Secretary of Labour Students 1995-6. Parliamentary candidate for Aldershot (2001) and Castle Point (2005). Hackney Councillor (Chatham Ward) 2002-2014, Labour Group Chief Whip 2002-09, Chair of Health Scrutiny 2010-2014. Supporter of Europe, NATO/nuclear deterrence, Israel, electoral reform. Guardian reader. Dad. Oxford resident. Unite union member. Employment history as a Labour Party Organiser, Local Government Political Assistant, Director at a Public Affairs company. All views expressed in a personal capacity. The rest will become evident from reading the blog.